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Dec 12, 2012
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out of this debt number three on the list is opec. opec is an entity. that's the countries of ecuador and venezuela and india and bahrain and iran and iraq and kuwait and amman and qatar and saudi arabia and the u.a.e., algeria, ga been a, -- gabon, nigeria. they're now number three on the list and they own $267 billion of our debt. brazil comes in at number four, $250.5 billion. and then number five on the list, new to the list, the top five list, the caribbean banking centers. now own $240.4 billion of u.s. debt. by the way, caribbean banking centers are the bahamas, bermuda, cayman islands, netherlands and panama. this is who owns us. this is who owns our debt. and this is why on this side of the aisle, what we continue to say is the spending has to be dealt with. we have seen -- we've heard from everybody. we are hearing from economists all around the globe. and they repeatedly say what we are saying, what we've been saying for years as week of come to this floor. is that we have a spending problem. the spending has to be dealt with. we are drowning
out of this debt number three on the list is opec. opec is an entity. that's the countries of ecuador and venezuela and india and bahrain and iran and iraq and kuwait and amman and qatar and saudi arabia and the u.a.e., algeria, ga been a, -- gabon, nigeria. they're now number three on the list and they own $267 billion of our debt. brazil comes in at number four, $250.5 billion. and then number five on the list, new to the list, the top five list, the caribbean banking centers. now own $240.4...
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Dec 11, 2012
12/12
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i believe al-naimi is such a good representative of opec. he came out back in april when prices were running up and showed his frustration and said look, we need to get prices down. saudi arabia is the lynchpin of opec. they have spare capacity. they already have the production levels there that they can put onto the market. so that is what he did back in april. that is what kept prices down. he did a successful job there assad saud did. and they just really highlighted they're really in control. that is why you have seen -- go on. melissa: the other side has gotten really aggressive. we saw at the last meeting, rafael ramirez, representative from venezuela getting up talking about the fact they have more proven reserves than saudi arabia. saying they're a bigger oil giant. they brought studies from bp along to back the claim. if you look at opec's website now, they recognize venezuela being on top even though their production really lacks, but, you know, is the thooid turning inside opec? >> that is exactly the point there you made, melissa
i believe al-naimi is such a good representative of opec. he came out back in april when prices were running up and showed his frustration and said look, we need to get prices down. saudi arabia is the lynchpin of opec. they have spare capacity. they already have the production levels there that they can put onto the market. so that is what he did back in april. that is what kept prices down. he did a successful job there assad saud did. and they just really highlighted they're really in...
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quality of life is on the up and up state side we'll talk about some other economic options and the opec of maple syrup has been robbed millions of dollars worth of the hot commodity has been stolen from canada's maple syrup cartel yes cartel i said maple syrup cartel and those are not my words that's according to the new york times we'll talk about it in loose change let's get to today's capital account. in the u.s. as we watch this fiscal cliff charade it honestly sounds just so much like what we were hearing during the debt ceiling debate of two thousand and eleven when lawmakers were bickering and another ratings agency was threatening to drop the u.s. is aaa credit rating and then it of course did now that was met with much fanfare in the beginning but then not many direct consequences the dollar has strengthened against other currencies the u.s. has borrowed at record low rates since and maybe this whole fiscal cliff saga will play out in the exact same way and if another ratings agency in this case which downgrades the u.s. so what won't matter and with events that actually do cha
quality of life is on the up and up state side we'll talk about some other economic options and the opec of maple syrup has been robbed millions of dollars worth of the hot commodity has been stolen from canada's maple syrup cartel yes cartel i said maple syrup cartel and those are not my words that's according to the new york times we'll talk about it in loose change let's get to today's capital account. in the u.s. as we watch this fiscal cliff charade it honestly sounds just so much like...
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regional influence as well as its strategic importance to the west is immense absolutely immense as an opec member anything any sort of unrest that happens on the ground here could have potential impact on the world oil market as well as global oil prices as well as the pentagon's plans to use this tiny nation as a hub for its ground forces as a counterweight to iran now kuwait already holds three american military bases and folks in washington are talking about increasing the troop presence here especially in light of the withdrawal of troops from iraq and the looming withdrawal from afghanistan now holds have officially close here in kuwait and while we won't know the results for a few more hours the opposition is already. a victory here saying that the boycott was success that voter turnout was low and that the parliament therefore is illegitimate now what this means is this could spark further on rest on the streets on the ground here in kuwait as people are quite frustrated with the developments in the political system on one hand this country is considered to be one of the most democr
regional influence as well as its strategic importance to the west is immense absolutely immense as an opec member anything any sort of unrest that happens on the ground here could have potential impact on the world oil market as well as global oil prices as well as the pentagon's plans to use this tiny nation as a hub for its ground forces as a counterweight to iran now kuwait already holds three american military bases and folks in washington are talking about increasing the troop presence...
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as well as the unrest here in kuwait of course as an opec member any sort of unrest on the streets is bound to have some sort of an impact on oil prices as well as the pentagon's plans to use the oil rich nation as a hub for its get ground forces in order to build up a countering force to the perceived threat by iran of course is home to three u.s. military bases a long. think pieces. here. all of them in withdrawal from afghanistan. you see captain of r t two eight. meanwhile in egypt to thousands of islamists are rallying in support of the president's position continues to demonstrate against him but some of those see in this spot the public fury off to granting himself supremum powers and now the draft constitution his political allies approved has also come on the far. reports now from cairo. protesters have been camped out in town for a square since last week since egyptian president mohamed morsi if you decree granting himself sweeping new powers that kicks off a wave of protests by the more liberal sections of egyptian society not just here in cairo but in cities across the cou
as well as the unrest here in kuwait of course as an opec member any sort of unrest on the streets is bound to have some sort of an impact on oil prices as well as the pentagon's plans to use the oil rich nation as a hub for its get ground forces in order to build up a countering force to the perceived threat by iran of course is home to three u.s. military bases a long. think pieces. here. all of them in withdrawal from afghanistan. you see captain of r t two eight. meanwhile in egypt to...
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gulf monarchies are struggling to fend off the effects of the arab spring as well as the west as an opec member claiming just ten percent of the world's crude oil reserves. pardon me in kuwait any sort of unrest could have major implications for world oil markets moreover it could have major implications for the united states had on has used the country. as a strategic hub for its ground forces kuwait is home to three american military bases and there is talk in washington increasing the ground troop presence here to serve as a counterweight to the perceived threat against iran now we've talked about while kuwait is important for the world but what's really behind this behind and why are people so angry here it's largely deemed to be one of the more liberal more democratic countries among the gulf monarchies but a lot of the critics the ones that are who are boycotting this election say that this democratic be near is then you have to keep in mind that the political parties in this country are not allowed and the unelected emir whose family has ruled the country for two hundred fifty yea
gulf monarchies are struggling to fend off the effects of the arab spring as well as the west as an opec member claiming just ten percent of the world's crude oil reserves. pardon me in kuwait any sort of unrest could have major implications for world oil markets moreover it could have major implications for the united states had on has used the country. as a strategic hub for its ground forces kuwait is home to three american military bases and there is talk in washington increasing the ground...
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heavy hand now what happens here in kuwait has implications far beyond the country's borders as an opec member any sort of on a rest is bound to have an effect on world oil prices the country also serves as a hub for the pentagon's ground forces with thousands of american combat troops stationed here as a military council wait true there are on the gulf monarchies as a whole have been struggling to stave off the effects of the arab spring with varying degrees of success is largely seen as the most tolerant of the countries but the worry is that the trend could be reversed over the past few months the country has seen increasingly violent escalating protests between the opposition and security forces with the latter using tear gas stun grenades and rubber bullets to disperse crowds political parties are banned as are political gatherings. if more than twenty people and activists are claiming of a clampdown against dissent here in this country authorities did allow thousands of opposition demonstrators to gather in a largely peaceful rally on friday but of course the coming weeks are boun
heavy hand now what happens here in kuwait has implications far beyond the country's borders as an opec member any sort of on a rest is bound to have an effect on world oil prices the country also serves as a hub for the pentagon's ground forces with thousands of american combat troops stationed here as a military council wait true there are on the gulf monarchies as a whole have been struggling to stave off the effects of the arab spring with varying degrees of success is largely seen as the...
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Dec 13, 2012
12/12
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FBC
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i mean the more domestic supply we have, the less we depend on opec ps of the world, no question. the problem we have as the world though, 92 million barrels a day roughly what the production is. that is about a million barrels a day of excess capacity. so any little flare-up in the middle east will impact world oil prices. ashley: so do you think we'll be energy independent anytime soon? we're almost there. >> yeah. i think by "20/20" -- 2020 we have legitimate chance between all the natural gas we're bringing on and oil we're bringing on, on energy equivalent basis we'll be independent. we'll be importing oil and exporting gas as lng, very good, interesting stuff. john shiller, chairman of energy defend one. john, thank you so much. we appreciate it. >> thank you for having us. tracy: you make a great point, saudi arabia will not be very happy about our quest for independence. ashley: that is real threat to them. tracy: big-time. is the federal reserve stimulus actually bad for investors? yeah, one major bank says yes. liz macdonald back and on the story. ashley: but first let's
i mean the more domestic supply we have, the less we depend on opec ps of the world, no question. the problem we have as the world though, 92 million barrels a day roughly what the production is. that is about a million barrels a day of excess capacity. so any little flare-up in the middle east will impact world oil prices. ashley: so do you think we'll be energy independent anytime soon? we're almost there. >> yeah. i think by "20/20" -- 2020 we have legitimate chance between...
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Dec 8, 2012
12/12
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this chart shows the comparative growth in crude oil supply among a number of non-opec countries. you see the u.s. obliterating the rest of the world. employment des moinin oil and gd to the highest level in 1992. we still provide a tiny sliver just under 200,000. the net oil imports are craters and a now a number of analysts predict in the near future the u.s. is producing more oil than any other country in the world. by round 2020 a recent international agency reports that the u.s. is predicted to become the largest oil producer and starts to see the impact of new fuel efficiency measures and transport. it results in a continued fall in u.s. imports to the extend that north america is a net oil exporter around 2030. yes, that's right. the united states, which is according to the spokes people from the coal industry already the saudi arabia of coal, which is now essentially tied with russia as the single largest producer of natural gas in the world could find itself the world's biggest oil producer on a consistent basis for the first time since the first half of the 20th century.
this chart shows the comparative growth in crude oil supply among a number of non-opec countries. you see the u.s. obliterating the rest of the world. employment des moinin oil and gd to the highest level in 1992. we still provide a tiny sliver just under 200,000. the net oil imports are craters and a now a number of analysts predict in the near future the u.s. is producing more oil than any other country in the world. by round 2020 a recent international agency reports that the u.s. is...
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Dec 22, 2012
12/12
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what oil is to opec, syrup is to the federation of quebec. went down like this. thieves who were basically inside guys entered part of a warehouse with 16,000 drums were stored, then loaded up trucks with their bounty and started selling to buyers in canada and across the border in new hampshire and vermont. we also know how seriously this crime is being taken. roughly 300 people have been questioned and 40 search warrants enacted so the five suspects still on the run know that justice will likely be served and it will likely be sweet. want to find out what my guests now know they didn't know when they began the week. glenn? >> the country continues to mourn the deaths of 20 children in newtown, connecticut but at the same time, the u.s. government continues a drone program in multiple muslim countries that continues to kill hundreds of children and innocent people around the world. we know how much a community is devastated, a country is devastated by the death of innocent children using violence. time we started thinking about how communities are affected by ou
what oil is to opec, syrup is to the federation of quebec. went down like this. thieves who were basically inside guys entered part of a warehouse with 16,000 drums were stored, then loaded up trucks with their bounty and started selling to buyers in canada and across the border in new hampshire and vermont. we also know how seriously this crime is being taken. roughly 300 people have been questioned and 40 search warrants enacted so the five suspects still on the run know that justice will...
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Dec 16, 2012
12/12
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CSPAN2
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putting to roosters in a small pen say size each other up and one sees the pebble that needs pact and opec it that is displacement because he would rather not fight. that theory is displacement behavior we would give you an opinion that is 100 pages long and will take forever we're displacing the energy for cyber war to legal abstract debates generals are on the sidelines tell me what i can do? this is the wrong way to treat lawyers. their effective use say we thought would take to win the cyber war. the only way to win is due this is a viggo? then you'll get useful legal advice they will find a way to say yes because most not want to cause us to lose but if you wait you'll never know where you can do this is where we are today. >> what is the baker p.o. of the rooster matches? [laughter] >> thank you for putting this together and this book so many issues that we have a very complex we have to access to us by the fact we have a better shot to access the broader audience and they do have the stars there and want to congratulate the chief cat to herder to get people to write these articles o
putting to roosters in a small pen say size each other up and one sees the pebble that needs pact and opec it that is displacement because he would rather not fight. that theory is displacement behavior we would give you an opinion that is 100 pages long and will take forever we're displacing the energy for cyber war to legal abstract debates generals are on the sidelines tell me what i can do? this is the wrong way to treat lawyers. their effective use say we thought would take to win the...